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NYSERDA (New York State Energy Research and Development Association) has various state subsidized loan options for residents of New York State Residences (Long Island and The Five Boroughs of NYC) looking to Finance Residential Solar Energy. When a home owner finances through NYSEDA’s On-Bill Recovery Program, the monthly finance premium is integrated as a line item in the customer’s existing utility electric bill (PSEG or ConEd) giving the customer one unified bill for all of your power.

With very Low FICO score requirements, this loan is perfect for the resident who wants to have a simple and unified billing structure through their utility bill avoiding a 3rd party finance company. Terms and conditions do apply to those looking to qualify and interest rates can be provided to you by Grid City Authorized representative. Interest rates range from 3.49 to 7.99 with 5,10 or 15

Other features of this loan:

  • No prepayment penalty
  • Does not show up as debt on your credit report
  • Transferable
  • Fixed Interest Rates

Let The Experts At Grid City Electric Guide You Through Your Very Own State Subsidized Residential Solar Financing Plan in NYC (Queens, Brooklyn, Bronx, Staten Island & Manhattan) & Long Island. Our Award Winning Team Of Solar Experts Is Dedicated To Providing You With The Answers To Every Single One Of Your Questions, Contact Us Now.